Key Highlights

• Bitcoin currently trades around $95,000, showing resilience despite a broader market pullback involving Ethereum, XRP, and Dogecoin.
• Multiple confirmations from the DOJ and White House indicate that the U.S. has not sold the Bitcoin forfeited in the Samourai Wallet case, hinting at strategic Bitcoin reserves.
• Riot has secured a long-term deal with AMD to enhance its Bitcoin mining operations, signaling confidence in Bitcoin's long-term value.

Market Sentiment

• Trend: Bullish, with Bitcoin maintaining near $95,000 despite market volatility.
• Bearish Pressure: Short-lived due to general crypto market pullbacks and global economic uncertainties.
• Bullish Counter: Strong buying activities from "smart money" investors, and strategic non-liquidation of seized Bitcoin by the U.S. government.

Bitcoin Forecast

• Analysts predict a potential rally to $99,000 and even $100,000, supported by scarcity-driven demand and strategic reserve holdings.
• Long-term forecasts suggest a possible rise to $190,000 by 2026, driven by a new market regime and ongoing institutional interest.

Key Events to Watch

• Impact of the U.S. government's decision to hold onto seized Bitcoin and its implications on market supply.
• Outcomes of new partnerships and technological enhancements in mining operations, such as Riot's deal with AMD.

Trading Insights

• Opportunity for bullish trades if Bitcoin maintains support at $94,000 and breaks past the $95,000 resistance.
• Watch for increased transaction volumes and strategic moves by large holders, which might indicate upcoming price movements.

Top 3 Impact Stories

• DOJ and White House's confirmation of non-liquidation of Bitcoin adds a layer of scarcity and potential price support.
• Riot's AMD deal could set a new standard in mining efficiency, potentially influencing Bitcoin's network strength and its attractiveness to investors.
• Surge in Bitcoin self-custody in regions experiencing economic crises, like Iran, indicating a growing trust in Bitcoin as a safe haven.

Main Conclusion

Today's Bitcoin market shows a bullish trend despite broader market uncertainties, supported by strategic reserves and smart money investments. Long-term prospects remain strong, with significant price targets set for the coming years.